Employee Ownership
Employee Ownership at Big G Express gives you the opportunity to earn money for your future while providing for you and your family today. The ESOP is a FREE retirement plan with no money out of your pocket.
Learn More About Employee OwnershipLive Big. Earn Big.
Big G Express is 100% Employee Owned through an Employee Stock Ownership Plan (ESOP). Employees earn shares in Big G Express based on their compensation and years of service. As an employee-owned company, every employee has a stake in the success of Big G Express!
How The ESOP Works:
Big G Stock Prices
ESOP Valuation -
Privately Held
read moreBig G Express is still privately held and not publicly traded. Our stock value is determined by an independent valuation firm annually. Our value is based on the "fair market value" of Big G Express, or what a willing buyer would pay for our company at that time.
How You
Earn Shares
read moreShares are allocated to eligible participants annually based on their years of service and compensation. Employees do not pay for shares. In fact, the plan does not allow anyone to purchase shares - they are all earned by working at Big G.
Annual ESOP
Statements
read moreOur ESOP administrator will mail participant statements each year around June or July. The statement will be "as of the end of the prior calendar year" and include the number of shares in the participant retirement account and the value of the stock for that year. We announce our stock price at our Annual ESOP Meeting each summer.
ESOP Distributions -
When you get $$
read moreESOP Distributions are paid by the end of the calendar year following the year a participant terminates employment at Big G Express. Our current distribution plan pays a lump sum if a participant is 65 years or older, upon death or 100% disability. If a participant is less than age 65 when they separate, the ESOP balance is paid 1/5th over five years.
Real People Real Money
Here are a few examples of driver account balances over the last three years:
Hire Date
May 2009
2020 Balance
$124,368.24
2021 Balance
$149,882.50
2022 Balance
$174,974.05
Hire Date
april 2013
2020 Balance
$80,487.50
2021 Balance
$105,322.97
2022 Balance
$127,753.74
Hire Date
April 2017
2020 Balance
$31,628.82
2021 Balance
$49,265.55
2022 Balance
$64,234.10
Hire Date
June 2020
2020 Balance
$0
2021 Balance
$0
2022 Balance
$9,673.69
Latest Employee Ownership News
What It Means to Be an Employee-Owned Trucking Company
You could be earning thousands of dollars toward your retirement as a truck driver without investing a dime. Learn more about Big G Express’s employee stock ownership plan, or ESOP. [read more]
How Your ESOP Balance is Determined
Your ESOP account balance is determined by two things: The number of shares you have, and the value of the shares. [read more]
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